We are in fifth day of the month, positive vibration seems to take over during time of despair. While the stock market is always in rebalance mode, crypto seems to follow the road of positivity. Usually when you see weekend and crypto into green it could be lack of liquidity in a good sense. While many focus elsewhere, #BTC is slowly imposing itself to be the asset that can change everything.
While I mention crypto, #Gold rose yesterday. It is normal to see the correlation everywhere with the market.
It is what it is when you read about big financial companies making space for crypto trading. I smile a little knowing the importance of having crypto biz around. I guess they do not want to be left in the dark. I may say they are probably losing money with the new generation. Knowing there will be a generational wealth transfer on the way. It is smart business I must say. Maybe this news coincides with crypto news making the crypto market greener than ever.
Even #hive rose from the 47 to jump at 50. What I like to underline, you see the daily volume is not that crazy amount pushing the value up. It is just the BTC attraction falling over Hive. This is great business to see Hive rises with everyday movement. Sooner you will see the dollar with less fanfare. This is the attribute on a token that you hold. Follow the market trend and rise to the occasion.
As you know it makes sense for #hive to retake that 50 cents value. This could be the normal for us.
Hope we can build on top of it and keep Hive right where we want it.
By the way even Leo token grew right under our feet. It is really awesome token to hold on too. It is the frontier to get the best out of #leofinance. I can't wait to see 15 cents around and then I will welcome the best #FOMO ever. I know it will happen. This is the nature of crypto.
Folks are not sure if this is the bottom. Many are asking questions not sure if they should buy now or wait for the true bottom. From what I see we are either looking at it and we are right at it. It is tough to see something when you are part of it. Even for the stock market, it is definitely the bottom. While the hike is hiking all sales. Everything will have to find a way to restart without a recession.
Black Friday is around the corner and bargain will cover all stores. While time is passing for the bull to come roaring, it is fundamental to look closely and make the best decision ever before everything settles. The circle of a sale period will happen again. Keep in mind your action today will pay dividend when the bull is fully extended. It will be the same for the economy.
Due to inflation in a good case crypto will have to grow in order to be accessible to everyone. Today having 20k Hive could be a dilemma in two years. While it is possible do yourself a favor and practice daily cost average. The financial system is like a ride in a park, it goes up and down, up and then down, rest a little and repeat the same practice.
Lately I find patience to hold and will continue to walk that path.